Redsquid has significantly enhanced its expertise in network and security services with the acquisition of OptivITy, a managed services provider specialising in the film and media industry.
Building on three other recent acquisitions, this is the largest yet undertaken by the certified B Corporation, bringing in an additional 12 team members.
CEO Sohin Raithatha said: “This acquisition is a pivotal moment for the Redsquid Group, propelling us into our next phase of growth. With OptivITy, we are entering a new industry and welcoming some of the most prestigious global brands into our community.”
The acquisition was part funded by an ongoing facility from Triple Point, paired with balance sheet cash funds.
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